Post
Topic
Board Development & Technical Discussion
Re: How to open channel in Lightning Network
by
tromp
on 11/01/2023, 20:47:29 UTC
My understanding is that on the Bitcoin Lighting Network, both parties, the sender, and receiver must make a payment on top of the outgoing and incoming transactions.  Why is that?

Because payment channels work by repeatedly changing the possible payouts of a jointly owned utxo, always ensuring that only the last one is valid.